San Francisco, United States, May 24, 2024, Chainwire
- Rollup-as-a-Service platform Caldera launches Guardian Nodes, a production-ready node system that allows network users to verify rollup blocks for rewards.
- HYCHAIN, the first team to use this system together with Caldera, generated $8 million from initial node sales.
Caldera, the leading Rollup-as-a-Service (RaaS) platform, currently manages more than fifty EVM rollups (including Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain) securing ~$1 billion in total value.
In addition to their core infrastructure, Caldera offers a catalog of more than 50 integrations into the modular stack and an assortment of other custom, user-facing tools for chains to leverage.
Guardian Nodes are the latest addition to that list.
The background
Today, most L1 blockchains operate using a proof-of-stake model, where participants in a chain are incentivized through network rewards to lend their stakes and validate the chain.
This incentive structure promotes decentralization by encouraging individual stakers to use honest validators while punishing those who do not, which imposes an extremely high cost to attack a network and compromise its security.
Decentralizing mergers
EVM rollups have all but solved the scalability problem, with L2s and L3s on Ethereum enabling near-infinite scale. But there is still no incentive for honest network participants to monitor these rollups.
Caldera’s Guardian Nodes allow teams to decentralize their rollups by allowing users to verify blocks and secure the network in exchange for rewards. Under the hood, this is accomplished by introducing a new “light verifier” to Arbitrum rollups that allows Guardian Node operators to verify Nitro batches on everyday hardware without having to run a full node.
Teams can launch Guardian Nodes to their users through a “Node Sale,” which distributes “keys” that verify a node’s eligibility to submit claims and earn rewards, giving buyers the opportunity to purchase a Guardian Node exploit on a particular package.
HYKETENthe first team to use this system raised over $8 million through over 16,000 node keys in just two weeks, fully empowering their community while generating significant revenue for their project.
By enabling more parties to maintain an overview and identify malicious behavior, the security of the network becomes more robust: a crucial step in establishing confidence in the accuracy of the chain. This in turn generates more demand for a rollup’s native token, which is necessary for users to participate in the validation and helps provide practical crypto-economic security for the network.
Guardians Nodes represent a new step in Caldera’s impressive infrastructure solution. With the success of HYCHAIN’s launch, we expect more teams building rollups to leverage this innovative product in the coming months.
Visit Caldera’s website to get started with a high-quality package here and/or book a consultation here.
Contact
Grow
Alex Gu
Caldera
alex@caldera.xyz
4844329611